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Senior Vice President (SVP), Operations Salary

Salaries for Senior Vice Presidents of Operations in the United States are generous, with average pay above six figures ($149K) per year. Total cash earnings of Senior Vice Presidents of Operations range from $91K on the low end to $282K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $77K and $44K, respectively. Earnings for this group are mostly affected by residence, followed by career duration and the specific company. Medical benefits are awarded to almost all, and a fair number earn dental coverage. The majority of Senior Vice Presidents of Operations claim high levels of job satisfaction. Male Senior Vice Presidents of Operations are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The numbers in this rundown were provided by PayScale's salary survey participants.

$86,085 - $226,439
(Median)
$86K
$150K
$230K
MEDIAN: $148,955
10%
50%
90%

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$19.20 - $86.05
(Median)
$19
$30
$86
MEDIAN: $30
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$86,085 - $226,439  
   
Bonus
$2,456 - $76,793  
Profit Sharing
$2,030 - $44,042  
Commission
$0.00 - $99,329  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$91,048 - $281,739  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,538
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$19.20 - $86.05  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,456 - $76,793  
   
Commission
$0.00 - $99,329  
Profit Sharing
$2,030 - $44,042  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$91,048 - $281,739  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 14

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Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Senior Vice Presidents of Operations sometimes move into a Chief Executive Officer role, where the salary is similar. Senior Vice Presidents of Operations most frequently become Chief Operating Officers and Presidents even though median compensation is $35K lower and $21K lower, respectively.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


Bank of America Corp. (BOFA) does shell out the biggest paychecks — the median in that office is $167K — but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $97K while workers on the upper end may rake in up to $225K.

While select Citibank employees may bring in up to $233K, a median salary of only $150K — the lowest in the field — suggests a serious lag in the earnings department.

Popular Skills for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations seem to require a number of specific skills. Most notably, skills in People Management, Team Leadership, Strategic Planning, and Leadership are correlated to pay that is above average. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Sales Management and Risk Management / Risk Control also typically command lower compensation. Those proficient in Operations Management are, more often than not, also skilled in Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Senior Vice Presidents of Operations, more experience generally translates to higher pay. The average beginner in this position makes around $106K, but folks who have been around for five to 10 years see a markedly higher median salary of $142K. For Senior Vice Presidents of Operations, 10 to 20 years of experience on the job amounts to an average salary of $173K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $189K.

Pay Difference by Location


Home to some of the best pay for Senior Vice Presidents of Operations, Boston offers exceptional salaries, 52 percent above the national average. Senior Vice Presidents of Operations will also find cushy salaries in Philadelphia (+29 percent), Dallas (+26 percent), Minneapolis (+26 percent), and San Diego (+25 percent). The smallest paychecks in the market, 9 percent south of the national average, can be found in Columbus.

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United States (change)

Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$173,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

People Management
up arrow 10%

Team Leadership
up arrow 4%

Strategic Planning
up arrow 2%

Leadership
up arrow 1%

Operations Management
0%

National Average
$173,000


Risk Management / Risk Control
up arrow 13%

Sales Management
up arrow 16%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 311 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

1-4 years
2%
5-9 years
8%
10-19 years
36%
20 years or more
54%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 78%
vision benefits Vision: 64% employee benefits None: 7%
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